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Group Focuses on Developing Black CEOs

               Johnny Taylor, president and CEO of TMCF addresses the audience at the recent 26th Annual TMCF Awards In an effort to increase the relevancy of historically Black colleges and universities (HBCUs), the Thurgood Marshall College Fund (TMCF) redesigned one of its signature programs to cultivate Black industry leaders at the corporate level. Johnny Taylor, pres ...

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Special to the NNPA from  Los Angeles Wave                 Pluria Marshall, Jr. Federal regulators have approved the sale of a FOX TV affiliate in Quad Cities, Iowa to longtime media executive Pluria Marshall, Jr., president and CEO of Houston-based Marshall Broadcasting Group (MBG), officials have announced. Marshall, also publisher of Wave Publications Group in Los ...

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Employment Outlook for Black Males Improving

By: Freddie Allen NNPA Senior Washington Correspondent Last month’s Black unemployment rate (10.9 percent) was more than twice the White unemployment rate (4.8 percent), but when it comes to key measures in the labor market, Blacks and Latinos have experienced greater gains than Whites over the past year, according to a recent report by the Economic Policy Institute (EPI). Valerie Wilson, the director of th ...

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FCC Approves Sale of KLJB-TV to Marshall Broadcasting

Special to the NNPA from Los Angeles                 Pluris Marshall, JR.   Federal regulators have approved the sale of a FOX TV affiliate in Quad Cities, Iowa to longtime media executive Pluria Marshall, Jr., president and CEO of Houston-based Marshall Broadcasting Group (MBG), officials have announced. Marshall, also publisher of Wave Publications Group in Los ...

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Blacks “Unbank” at Higher Rates than Whites

By:Freddie Allen NNPA SENIOR WASHINGTON CORRESPONDENT   When it comes to cashing checks and other financial transactions, Blacks are “unbanked” at much higher rates than Whites, according to a new report by the Federal Deposit Insurance Corporation (FDIC). The FDIC, an independent government agency that guarantees deposits up to $250,000 at insured banks, conducted the study in June 2013 aided by the U ...

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Black Men Show Job Gains

By: Freddie Allen NNPA Senior Washington Correspondent                 The unemployment rate for Blacks fell from 11.4 percent to 11 percent and the labor force participation increased from 61 percent in August to 61.7 percent in September, largely because of short-term gains made by Black men, according to the latest jobs report from the Labor Department. Even though ...

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Black Auto Buyers Get a Raw Deal, Not a Fair Deal

By Charlene Crowell NNPA Columnist     With new car prices meeting or surpassing many consumers’ incomes, the vast majority of people finance their car purchases. On an annual basis, according to the Center for Responsible Lending, more than 79 percent of auto loans occur through third-party indirect lenders that partner with dealerships. After most automobile purchases, many consumers wonder whet ...

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Ending the Payday Lending Debt Trap

      By Charlene Crowell   NNPA Columnist In just a few days, the debt trap at the core of small-dollar loans that come with triple digit interest rates and debt traps has generated an unprecedented groundswell of national and local attention. From prosecutors filing criminal charges, to grassroots activists gathering support for strong federal rules, and cable television personalities pokin ...

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Shattering the NCAA Exploitive Business Model

By Everett Glenn NNPA Guest Columnist The recent National Labor Relations Board (NLRB) decision granting Northwestern University football players the right to unionize, if upheld, will shatter the NCAA’s business model. When you add to the mix the frontal attack launched a few days before by noted antitrust lawyer Jeffrey Kessler, accusing the NCAA of colluding to deprive athletes of the ability to earn mor ...

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The State of Black America

By James Clingman NNPA Columnist Chaka Khan sang, “Tell me somethin’ good.”  The 2014 National Urban League (NUL) report, State of Black America, “One Nation Underemployed: Jobs Rebuild America,” contains a lot of great information, but it will only prove to be “good” if we use it to build a solid and long lasting economic base.  The 236-page report is full of statistics and insights Black people need to kn ...

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